DIIA calls for greater indigenisation in Indian Defence Sector

Bangalore: Defence Innovatiors and Industries Association (DIIA) organised a Conference here today to give impetus to our Prime Minister's pet policy initiatives of Make In India and Defence export to make India a net exporter of Defence products.

Shri.R.V Deshpande, Hon.Minister for Industries and Infrastructure, inaugurated the conference and highlighted the facilities and support Karnataka is offering to Industries and its special Aerospace policy to attract more companies. Karnatake attracts more than 65% Defence investments in India.

Mr. Rahul Chaudhry, Chairman of DIIA, CEO of Tata Power SED and a member of the Kelkar Committee, called for greater indigenisation of the Defence Technology. "Government is the sole Buyer and the market maker for Defence Business, that is tasked to create the Defence Industrial base and export opportunities. In spite of the many initiatives in creating a level playing field and transparency in Defence acquisitions the Indian Defence industry is yet to gather momentum. MOD needs to create the market for Indian manufacturers and quickly release the funds for such projects and encourage the nascent Indian Defence industry for India to become a net exporter of Defence products in the perceivable future.